$264 million liquidated across the network in the past 24 hours, with Bitcoin and Ethereum accounting for the major portion

According to Foresight News, Coinglass data shows that the total liquidation amount across the network in the past 24 hours reached $264 million. Among them, long positions accounted for $119 million, while short positions accounted for $145 million. The liquidation amount for Bitcoin was $90.91 million, and for Ethereum it was $69.76 million.